I plan on holding on to my properties long term so equity would be great as well.

@Tim Delaney is an investor in the Buffalo market and shares many of your views on its long term potential!

Purchase price: $310,000 Cash invested: $50,000 Big Blue - 2 units fully rented, 1 with section 8 tenant and 1 unit being used for short term rentals What made you interested in investing in this type of deal?

It seems like location would be especially critical with pad-split (and similar systems), but I’d love to hear your thoughts on what to watch out for in terms of zoning, safety, or demand.Also, I’ve traditionally rented out units the regular way, so I’m curious how screening tenants works for you with the pad-split (and similar) model.

Rent my house in Philadelphia out, and move to puerto rico as a renter with the goal to buy for myself more so than to rent for short term.

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

I have a lengthy Legal Opinion, from my seasoned Legal Team regarding this matter.

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.

Take out term life insurance.